Comverse Technology (NASDAQ: CMVT) rose Monday after the company announced that Philippe Tartavull will become president and CEO of unit Comverse Inc. The company plans to spin off the unit in September or October. Tartavull was previously...
ATLANTA, Aug. 11, 2011 (GLOBE NEWSWIRE) -- The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSE:HYC), Ingenico S.A. (ING:FP) and VeriFone (NYSE:PAY), is pleased to announce a partnership with Witham
VeriFone Systems Inc., Hypercom Corp. and Ingenico SA have abandoned plans for Hypercom to sell its U.S. payment systems business to Ingenico SA in order to alleviate antitrust concerns about VeriFone's proposed purchase of the rest of Hypercom.
The Justice Department is showing some antitrust fangs, as seen in Nasdaq OMX Group and IntercontinentalExchange dropping their hostile offer for NYSE Euronext. But investors' shouldn't worry that the DOJ is about to start ripping into every deal.
Hypercom (NYSE: HYC) opened at $9.98. So far today, the stock has hit a low of $9.80 and a high of $10.32. HYC is now trading at $10.27, up $0.68 (7.09%). Over the last 52 weeks the stock has ranged from a low of $3.05 to a high of $12.70. HYC...
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